HSBC (LON:HSBA)

HSBC (LON:HSBA)


Share Price
650.10 p
Change
-4.6 (-0.70 %)
Market Cap
£131,555.46 m
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HSBC RNS Release

Holding(s) in Company


RNS Number : 6305V
Diversified Gas & Oil PLC
09 April 2019
 

9 April 2019

 

Diversified Gas & Oil PLC

(the "Company")

 

Holding(s) in Company

 

Diversified Gas & Oil PLC (AIM: DGOC), the U.S. based owner and operator of natural gas, natural gas liquids, and oil producing assets, has been notified that HSBC Holdings PLC holds an interest in 12.116% in the Company's total voting rights.  However, as set out in the relevant TR1 disclosure below, HSBC Holding PLC's holding includes an indirect interest in voting rights of approximately 9.3% and an interest of approximately 2.8% through financial instruments.  It is a change in the split between these holdings that has given rise to this disclosure.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

 

For further information contact:

 

Diversified Gas & Oil PLC

Rusty Hutson Jr., Chief Executive Officer

Brad Gray, Chief Operating Officer & Finance Director

Eric Williams, Chief Financial Officer

www.dgoc.com

[email protected]

 

+ 1 (205) 408 0909

 

Cenkos Securities plc

(Nominated Adviser)

Russell Cook

Katy Birkin

 

+44 (0)20 7397 8900

Mirabaud Securities Limited

(Joint Broker)

Peter Krens

Edward Haig-Thomas

 

+44 (0)20 3167 7221

Stifel Nicolaus Europe Limited

(Joint Broker)

Callum Stewart

Nicholas Rhodes

Ashton Clanfield

 

+44 (0)20 7710 7600

Buchanan

(Financial Public Relations)

Ben Romney

Chris Judd

James Husband

[email protected]

+44 20 7466 5000

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Diversified Gas & Oil PLC

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights


An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights


Other (please specify)iii: Change in Nature

X

3. Details of person subject to the notification obligationiv

Name

HSBC Holdings PLC

City and country of registered office (if applicable)

London, United Kingdom

4. Full name of shareholder(s) (if different from 3.)v

Name

HSBC Bank plc

City and country of registered office (if applicable)

8, Canada Square, London, E14 5HQ

5. Date on which the threshold was crossed or reachedvi:

04 April 2019

6. Date on which issuer notified (DD/MM/YYYY):

08 April 2019

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

9.278 %

2.837 %

12.116 %

542,653,937

Position of previous notification (if

applicable)

8.309 %

3.929 %

12.238 %


 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BYX7JT74


50,350,937


     9.278 %











SUBTOTAL 8. A

50,350,937

9.278 %


B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is exercised/converted.

% of voting rights

Stock Lent



397,346

0.073 %













SUBTOTAL 8. B 1

397,346

0.073 %


B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

Swap



Cash Settled

15,000,000

2.764 %
















SUBTOTAL 8.B.2

15,000,000

2.764 %

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

x

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

HSBC Holdings plc




HSBC UK Holdings Limited 




HSBC Bank plc

9.278 %

2.837 %

12.116 %










10. In case of proxy voting, please identify:

Name of the proxy holder


The number and % of voting rights held


The date until which the voting rights will be held



11. Additional informationxvi

The total holdings include Stock Borrowing of 406,000 shares

 

Place of completion

London, United Kingdom

Date of completion

08 April 2019

 

 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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